NatWest Group - M&A Summary and Business Overview

Financial ServicesCompany

NatWest Group M&A Summary

NatWest Group has acquired 13 companies, including 1 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 18 assets.

NatWest Group’s largest acquisition to date was in 2003, when it acquired Churchill Insurance for $1.1B. It’s largest disclosed sale occurred in 2009, when it sold Alpha Trains Luxembourg S.à r.l. to for $5.5B. NatWest Group has acquired in 3 countries. The Company’s most targeted sectors include financial services (17%) and insurance (17%).

NatWest Group Business Overview

Where is NatWest Group headquartered?

NatWest Group is headquartered in Edinburgh, United Kingdom.

What is NatWest Group’s revenue?

NatWest Group disclosed revenue of 13,352M GBP for 2022 and 10,423M GBP for 2021.

How many employees does NatWest Group have?

NatWest Group has 61,857 employees.

What sector is NatWest Group in?

NatWest Group is a financial services company.

When was NatWest Group founded?

NatWest Group was founded in 1727 .

M&A Summary

  • M&A Total Activity30
    • M&A Buy Activity12
    • M&A Sell Activity18
  • Total Sectors Invested 10
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 31

NatWest Group

NatWest Group plc

Gogarburn 175 Glasgow Road,
Edinburgh, EH12 1HQ
United Kingdom,
+44 13 1556 8555
www.natwestgroup.com

NatWest Group provider of support to customers to manage their finances and do business. We want to be trusted, respected and valued by our customers, shareholders and communities. NatWest Group was founded in 1727 and is based in Edinburgh, the United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 11 - - - - 1 12
vol $2.5B $2.5B
Sell (0.0/yr) # 18 - - - - - 18
vol $10.3B $10.3B
  30

Most Recent M&A

Company Date Value Type
Metpro Ltd. 2024-01-10 - Growth Capital
Smethwick, United Kingdom · www.metpro.co.uk
FreeAgent Central Ltd. 2018-03-29 82M GBP Add-on Acquisition
Edinburgh, United Kingdom · www.freeagent.com
Cruise.Co Ltd. 2016-08-05 80M GBP Secondary Buyout
Redditch, United Kingdom · www.cruise.co.uk
Royal Bank of Scotland - Private Banking and Wealth Management business 2015-03-27 - Divestiture
, United Kingdom
RBS Coutts Bank Ltd. 2015-03-27 - Divestiture
Hong Kong, China
Royal North Shore Hospital 2015-02-09 - Divestiture
St Leonards, Australia · www.nslhd.health.nsw.gov.au
Mountain Warehouse Ltd. 2013-11-04 131M GBP Add-on Acquisition
London, United Kingdom · www.mountainwarehouse.com
7city Group Ltd. 2013-01-24 - Trade Sale
London, United Kingdom · www.7city.com
The Priory Group Ltd. 2011-01-10 1.4B GBP Divestiture
Leatherhead Surrey, United Kingdom · www.priorygroup.com
Royal Bank of Scotland - UAE Retail Banking business 2010-10-01 - Divestiture
, United Arab Emirates
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Adam & Co. 1993-01-01 Adam & Company Investment Management Ltd. 2021-04-15 1
Edinburgh, United Kingdom · www.adambank.com Edinburgh, United Kingdom

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 2 (17%) 541M (21%) 11 (61%) 3.3B (32%)
Insurance 2 (17%) 1.3B (52%) 1 (6%) -
Healthcare Services 1 (8%) - 2 (11%) 1.4B (14%)
Transportation 1 (8%) 368M (15%) 2 (11%) 5.5B (54%)
Education 1 (8%) - 1 (6%) -
Apparel/Textiles 1 (8%) 131M (5%) - -
Business Services 1 (8%) - - -
Distribution 1 (8%) - - -
Internet Software and Services 1 (8%) 80M (3%) - -
Software 1 (8%) 82M (3%) - -
Real Estate - - 1 (6%) -
Total 12 $2.5B 18 $10.3B

By Geo

State/Country Buy Value Sell Value
United Kingdom 10 2.0B 8 4.7B
Channel Islands 1 - 1 -
Germany 1 541M 1 -
Australia - - 1 -
Chile - - 1 -
China - - 1 -
Kazakhstan - - 1 52M
Luxembourg - - 1 5.5B
Spain - - 1 -
Switzerland - - 1 -
United Arab Emirates - - 1 -
Domestic 10 (83%) 2.0B (79%) 8 (44%) 4.7B (45%)
Cross-border 2 (17%) 541M (21%) 10 (56%) 5.6B (55%)
Total 12 $2.5B 18 $10.3B

Deal Values

buy # Total
> $1B 1 $1.1B
$100M to $1B 4 $1.3B
< $100M 2 $162M
TOTAL $2.5B
Largest Churchill Insurance Co.,Ltd.
$1.1B (2003-06-11)
sell # Total
> $1B 3 $9.7B
$100M to $1B 1 $539M
< $100M 1 $52M
TOTAL $10.3B
Largest Alpha Trains Luxembourg S.à r.l.
$5.5B (2009-08-01)

M&A Connections

Deals
Acquired from
Investor(s)
25%
3 (25%)
Strategic(s)
33%
4 (33%)
Divested to
Investor(s)
22%
4 (22%)
Strategic(s)
72%
13 (72%)

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